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Republic of Cyprus
Republic of Cyprus
	Flag
GDP (PPP)	2023 estimate
• Total	$49.857 billion (124th)
• Per capita	$54,611 (31st)
GDP (nominal)	2023 estimate
• Total	$30.864 billion (105th)
• Per capita	$33,807 (31st)
Currency	Euro (EUR, €)

The following is a list of Cypriot billionaires, based on an annual assessment of wealth and assets published by Forbes every April.^[2] The vast majority of Cypriot billionaires are not native Cypriots, but are foreign billionaires who acquired Cypriot citizenship (either through the now-defunct Cyprus Investment Program or otherwise) to take advantage of the country's tax laws.

2024

Source: 2024 The World's Billionaires^[3]

Ranking in Cyprus	World position	Name	Citizenship	Net worth (USD)	Sources of wealth
1	63	Vinod Adani	Cyprus India	26.6 billion	Adani Group
2	133	John Fredriksen	Cyprus Norway	14.3 billion	Seadrill
3	842	Yakir Gabay	Cyprus Israel	3.6 billion	Aroundtown SA
4	1264	Sergey Dmitriev	Cyprus Russia	2.5 billion	JetBrains
5	1503	Igor Makarov	Cyprus Russia	2.1 billion	ARETI International Group
6	1689	Valentin Kipyatkov	Cyprus Russia	1.8 billion	JetBrains
7	2320	Polys Haji-Ioannou	Cyprus	1.2 billion	EasyJet
8	2430	Stelios Haji-Ioannou	Cyprus	1.1 billion	EasyJet
9	2481	Clelia Haji-Ioannou	Cyprus	1.1 billion	EasyJet

2023 Cypriot billionaires

source: 2023 The World's Billionaires^[2]

Ranking in Cyprus	World position	Name	Citizenship	Net worth (USD)	Sources of wealth
1	130	John Fredriksen	Cyprus Norway	13.1 billion	Seadrill
2	184	Vinod Adani	Cyprus India	12.4 billion	Adani Group
3	378	Viktor Vekselberg	Cyprus Russia	6.6 billion	Metal, energy
4	400	Dmitry Rybolovlev	Cyprus Russia	6.4 billion	Fertilizer
5	440	Alexander Abramov	Cyprus Russia	6 billion	Steel
6	766	Yakir Gabay	Cyprus Israel	3.4 billion	Aroundtown SA
7	1579	Alexander Ponomarenko	Cyprus Russia	2.6 billion	Real estate, airport
8	1217	Sergey Dmitriev	Cyprus Russia	2.5 billion	JetBrains
9	1226	Oleg Deripaska	Cyprus Russia	2.5 billion	Aluminium, Utility
10	1647	Valentin Kipyatkov	Cyprus Russia	1.8 billion	JetBrains
11	2405	Polys Haji-Ioannou	Cyprus	1.1 billion	EasyJet
12	2540	Clelia Haji-Ioannou	Cyprus	1 billion	EasyJet
13	2540	Stelios Haji-Ioannou	Cyprus	1 billion	EasyJet

2022 Cypriot billionaires

source: 2022 The World's Billionaires^[4]

Ranking in Cyprus	World position	Name	Citizenship	Net worth (USD)	Sources of wealth
1	202	John Fredriksen	Cyprus Norway	10.8 billion	Seadrill (Oil tankers and Deepwater drilling rigs)
2	708	Yakir Gabay	Cyprus Israel	4.4 billion	Aroundtown SA (German Real Estate Company)
3	2557	Stelios Haji-Ioannou	Cyprus Greece	1.1 billion	EasyJet

2021 Cypriot billionaires

source: 2021 The World's Billionaires^[5]

Ranking in Cyprus	World position	Name	Citizenship	Net worth (USD)	Sources of wealth
1	230	John Fredriksen	Cyprus Norway	10.2 billion	Seadrill (Oil tankers and Deepwater drilling rigs)
2	670	Yakir Gabay	Cyprus Israel	4.4 billion	Aroundtown SA (German Real Estate Company)
3		Yiannakis "John" Christodoulou	Cyprus United Kingdom	2.8 billion	Yianis Group (Real Estate Company)
4	1506	Suat Günsel	Cyprus	2 billion	Near East University (Education facility)
5	2277	Stelios Haji-Ioannou	Cyprus Greece	1.1 billion	EasyJet
6	2315	Clelia Haji-Ioannou	Cyprus	1.1 billion	EasyJet

2020 Cypriot billionaires

source: 2020 The World's Billionaires^[6]^[7]

Ranking in Cyprus	Name	Citizenship	Net worth (USD)	Sources of wealth
1	John Fredriksen	Cyprus Norway	9.6 billion	Seadrill (Oil tankers and Deepwater drilling rigs)
2	Yakir Gabay	Cyprus Israel	3.2 billion	Aroundtown SA (German Real Estate Company)
3	Suat Günsel	Cyprus	2 billion	Near East University (Education facility)

2019 Cypriot billionaires

Ranking in Cyprus	Name	Citizenship	Net worth (USD)	Sources of wealth
1	John Fredriksen	Cyprus Norway	9 billion	Shipping
2	Teddy Sagi	Cyprus Israel	10.8 billion	Playtech
3	Oleg Deripaska	Cyprus Russia	3.8 billion	Basic Element
4	Yakir Gabay	Cyprus Israel	3.7 billion	Aroundtown SA
5	Alexander Ponomarenko	Cyprus Russia	3.2 billion	Sheremetyevo
6	Suat Gunsel	Cyprus	1.8 billion	Near East University, University of Kyrenia
7	Stelios Haji-Ioannou	Cyprus Greece	1.3 billion	EasyJet
8	Polys Haji-Ioannou	Cyprus	1.1 billion	EasyJet, Polyar Tankers
9	Nikita Mishin	Cyprus Russia	1.1 billion	Globaltrans
10	Ihor Kolomoyskyi	Cyprus Ukraine	1 billion	Private Bank

2016 Cypriot billionaires

source: 2016 Cyprus billionaires ^[8]

Ranking in Cyprus	Name	Citizenship	Net worth (USD)	Sources of wealth
1	John Fredriksen	Cyprus Norway	9 billion	Shipping
2	Stelios Haji-Ioannou	Cyprus Greece	1.46 billion	EasyJet and Stelmar shipping
3	Polys Haji-Ioannou	Cyprus	1.3 billion	EasyJet, Polyar Tankers
4	Clelia Haji-Ioannou	Cyprus	1.09 billion	EasyJet, Real Estate
4	Suat Gunsel	Cyprus	1.09 billion	Near East University, University of Kyrenia

References

^ ^a ^b ^c ^d "World Economic Outlook Database, April 2023". Washington, D.C.: International Monetary Fund. 7 April 2023. Retrieved 12 April 2023.
^ ^a ^b "Forbes Billionaires". Forbes. Retrieved 15 April 2023.
^ "Forbes Billionaires". Forbes. Retrieved 18 February 2024.
^ "THE REAL-TIME BILLIONAIRES LIST". Forbes. Retrieved 9 January 2022.
^ "THE WORLD'S REAL-TIME B ILLIONAIRE S". Forbes. Retrieved 13 February 2021.
^ "Forbes Billionaires 2020". Forbes. Retrieved 7 February 2021.
^ "THE WORLD'S REAL-TIME B ILLIONAIRE S". Forbes. Retrieved 7 February 2021.
^ Kades, Andria (5 March 2016). "Five Cypriots – three from Haji-Ioannou family – on Forbes billionaire list". Cyprus Mail. Retrieved 14 February 2021.

External links

Forbes The World's Billionaires by Country: Cyprus

[WEO_database-1] "World Economic Outlook Database, April 2023". Washington, D.C.: International Monetary Fund. 7 April 2023. Retrieved 12 April 2023.

[Forbes_Billionaires-2] "Forbes Billionaires". Forbes. Retrieved 15 April 2023.

[3] "Forbes Billionaires". Forbes. Retrieved 18 February 2024.

[4] "THE REAL-TIME BILLIONAIRES LIST". Forbes. Retrieved 9 January 2022.

[5] "THE WORLD'S REAL-TIME B ILLIONAIRE S". Forbes. Retrieved 13 February 2021.

[6] "Forbes Billionaires 2020". Forbes. Retrieved 7 February 2021.

[7] "THE WORLD'S REAL-TIME B ILLIONAIRE S". Forbes. Retrieved 7 February 2021.

[8] Kades, Andria (5 March 2016). "Five Cypriots – three from Haji-Ioannou family – on Forbes billionaire list". Cyprus Mail. Retrieved 14 February 2021.

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